It’s finally here…
Discovery introduced their brand new car and home insurance product to brokers today.
It’s going to be called Discovery Insure and will have all the usual “add ons” we’ve all come to expect.
Now I don’t have all the finer insurance technical detail as yet (So please don’t shoot me! 
), but here’s what Brendan has SMS’d from the launch so far…
Discovery Insure major benefits
- DQ Track
Discovery Insure has been five years in the making and it’s all about rewarding good driving behaviour. In conjunction with Rory Byrne of Formula One fame, Discovery Insure has developed a driving habits tracking system named DQ Track (Either that, or Rory Byrne licenced the system to Discovery…I’m not too sure). DQ stands for Driver Quotient and not only will it track your driving habits (such as rapid deceleration or acceleration), but it will also act as a tracking device in the event of your car being stolen. The good news is that it’s installed free of charge under their new Vitality Drive benefit!
What’s great about DQ Track is that it can also be used as evidence against a third party in an accident. So if, for example, a taxi rear ends you and then blames you for slamming on brakes suddenly, the DQ Track data can be used as evidence.
- 2. Vitality Drive
Then there’s the Vitality Drive benefit which is similar to the existing Vitality benefit where healthy eating and exercise habits are rewarded. In this instance, it’s all about healthy driving habits being rewarded. It’s a very affordable R49 per month which also covers the cost of the DQ Track (I would once again assume).
You’re going to love the Vitality Drive card which entitles you to a 25% saving on all fuel purchased at BP. Also happen to own a Discovery card? Then, you could ramp your fuel discount right up to 40%!
- 3. Excess Funder Account
How about this…They’ve developed an excess funder account into which you can pay your 40% fuel savings.
Why the heck would you want to do that?
Well Discovery Insure will meet your 40% with their own 40% – That’s 80 cents out of every Rand you spend on fuel going towards paying future excesses!
“But what happens when my excess funder is worth far more than what I’ll ever pay in excesses?”
After three years you can access any monies held in your excess funder account.
So what else does Discovery Insure offer that’s great?
Here in no particular order then:
- Car hire at no extra charge. If you read my previous post named “What to watch out for with car hire” then you’ll know I’ve got first-hand experience of paying for something I wasn’t getting. But who can complain when your car hire costs nothing?
- No excesses on household content claims unless the claim is for burglary where no forcible entry or exit occurred. Makes sense doesn’t it? I mean why should you be penalised when lightning strikes and blows out your flatscreen?
- Discovery Health and Discovery Insure members will get rapid emergency responses if they’re ever involved in an accident.
- Tiger Wheel and Tyre will be responsible for all vehicle safety and security checks.
- An IPhone and Blackberry app is available which can be used as a “panic” button if hijacked (That’s if the hijackers leave you with your mobile!
) - Avis will come and fetch you if your car is written off or stolen, and either drive you back home or to work. If your car isn’t written off simply drive to the nearest Avis and pick up your rental!
- Roadside assistance costs you absolutely nothing
- Flat excesses are a bonus (especially if your car’s worth a couple of hundred thousand Rand!)
- Pensioners pay zero excesses (and also jump to the front of the queue at polling stations come election time)
- No assessors for minor damage all you need to do is send a photo!
Discovery Insure launched on the 1st of June 2011. If you’d like a quotation why not click on our online quote form right here: Discovery Insure Quote
Till then…drive safe!
PS: If you’d like to know what makes Discovery Insure different from anything else out there on the South African market simply click on the link above
Related posts:
- Discovery Insure | SmartService Takes The Hassle Out Of Claiming
- Discovery Insure | What Makes Discovery Insure Different?
- Discovery Insure | The Number One Reason for Insuring With Discovery
- Discovery Insure | The Second Best Reason For Insuring With Discovery
- Is Discovery Insure Really Worth The Money?
Article by Lawrence
Someone, who as he gets older, finds he has more questions than answers
Lawrence has written 150 awesome articles for us at Insurance Fundi
